Thursday, September 20, 2018

Deloitte forecasts holiday sales to climb 5% to 5.6%

Chain Store Age
Total holiday sales are expected to exceed $1.10 trillion between November and January, increasing 5% to 5.6% over last year’s shopping season, according to Deloitte’s annual retail holiday sales forecast.

Additionally, Deloitte forecasts a 17% to 22% increase in online sales in 2018 (compared with 16.6% increase in 2017). E-commerce sales are expected to reach $128 to $134 billion during the 2018 holiday season.. . . more